Civic Intelligence

Arkansas Public School Resource Center Inc.

990 • Fiscal year 2017 • EIN 26-2904183

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 05, 2018

1401 W Capitol Suite 315Little Rock, AR 72201

(501) 492-4300

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

3rd percentile

-93%

Higher net margin than 3% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

85th percentile

$159,879

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

3rd percentile

-36%

Faster asset growth than 3% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

10th percentile

-25%

Faster revenue growth than 10% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$3,550,273

Down $2,008,526 (-36%) from 2016

Net Assets

Down

$3,550,273

Down $2,008,526 (-36%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$2,166,449

Down $741,103 (-25%) from 2016

Expenses

Down

$4,174,975

Down $88,423 (-2.1%) from 2016

Net Income

Down

-$2,008,526

Down $652,680 (-48%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2011: $759,914Liabilities 2011: $0Net Assets 2011: $759,9142011Assets 2012: $1,992,955Liabilities 2012: $0Net Assets 2012: $1,992,9552012Assets 2013: $4,443,172Liabilities 2013: $0Net Assets 2013: $4,443,1722013Assets 2014: $4,417,564Liabilities 2014: $0Net Assets 2014: $4,417,5642014Assets 2015: $6,914,645Liabilities 2015: $0Net Assets 2015: $6,914,6452015Assets 2016: $5,558,799Liabilities 2016: $0Net Assets 2016: $5,558,7992016Assets 2017: $3,550,273Liabilities 2017: $0Net Assets 2017: $3,550,2732017Assets 2018: $3,630,655Liabilities 2018: $0Net Assets 2018: $3,630,6552018Assets 2019: $3,969,826Liabilities 2019: $14,838Net Assets 2019: $3,954,9882019Assets 2020: $5,445,915Liabilities 2020: $10,838Net Assets 2020: $5,435,0772020Assets 2021: $6,340,415Liabilities 2021: $10,838Net Assets 2021: $6,329,5772021Assets 2022: $8,024,695Liabilities 2022: $3,351,871Net Assets 2022: $4,672,8242022Assets 2023: $12,018,756Liabilities 2023: $5,711,238Net Assets 2023: $6,307,5182023Assets 2024: $12,979,751Liabilities 2024: $5,013,683Net Assets 2024: $7,966,0682024

Highlighted filing

2017

Assets$3,550,273
Liabilities$0
Net Assets$3,550,273

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$10M$0-$10MExpenses 2011: $1,413,5952011Expenses 2012: $2,262,1762012Expenses 2013: $2,704,2582013Revenue 2014: $3,409,958Expenses 2014: $3,435,566Net Income 2014: -$25,6082014Revenue 2015: $6,358,034Expenses 2015: $3,860,954Net Income 2015: $2,497,0802015Revenue 2016: $2,907,552Expenses 2016: $4,263,398Net Income 2016: -$1,355,8462016Revenue 2017: $2,166,449Expenses 2017: $4,174,975Net Income 2017: -$2,008,5262017Revenue 2018: $4,132,091Expenses 2018: $4,051,323Net Income 2018: $80,7682018Revenue 2019: $4,908,853Expenses 2019: $4,584,520Net Income 2019: $324,3332019Revenue 2020: $7,308,397Expenses 2020: $5,823,328Net Income 2020: $1,485,0692020Revenue 2021: $12,760,504Expenses 2021: $11,865,853Net Income 2021: $894,6512021Revenue 2022: $17,476,380Expenses 2022: $15,606,949Net Income 2022: $1,869,4312022Revenue 2023: $18,553,511Expenses 2023: $16,939,891Net Income 2023: $1,613,6202023Revenue 2024: $19,438,004Expenses 2024: $17,837,620Net Income 2024: $1,600,3842024

Highlighted filing

2017

Revenue$2,166,449
Expenses$4,174,975
Net Income-$2,008,526
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 5, 2018
Return Version
2016v3.1
Gross Receipts
$2,166,449
Mission and Program Overview

Mission

To provide assistance and professional development services to children, parents, faculty and staff of open enrollment, public, charter, and rural schools. To enhance learning, improve education and fiscal practices within school systems.

To provide assistance and professional development services to children, parents, faculty and staff of open enrollment public charter and rural schools. To enhance learning, improve education and fiscal practices within school systems.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$5,558,799$3,550,273▼ $2,008,526
Savings and Temporary Cash Investments$5,268,291$3,196,763▼ $2,071,528
Cash and Non-Interest-Bearing Accounts$231,960$290,876▲ $58,916
Land, Buildings, and Equipment, Net$58,548$62,634▲ $4,086
Total Assets$5,558,799$3,550,273▼ $2,008,526
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,558,799$3,550,273▼ $2,008,526
Total Liabilities and Net Assets / Fund Balance$5,558,799$3,550,273▼ $2,008,526

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$62,634$152,178$214,812
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Daniel S SmithEdFT$159,879$159,879
Mark WhiteDirector ofFT$126,000$126,000
Ken RichDirector ofFT$125,000$125,000
Kendal WellsDirector ofFT$112,000$112,000

Board Members and Trustees

NameTitle
Mike WilsonChair
Ernest CunninghamVice Chair
Diane TatumDirector
Dr Fitz HillDirector
Dr Trey BerryDirector
Jim HendrenDirector
Jim WaltonDirector
Randy LawsonDirector
Randy ZookDirector
Representative Jeffrey GillamDirector
Sherman TateDirector
Daryl BlaxtonEx-officio
Rob McgillEx-officio
Revenue and Support

Revenue Composition

Contributions and Grants
$813,250
Program Service Revenue
$1,302,352
Investment Income
$4,707
Other Revenue
$46,140
All Other Contributions
$813,250
Change in Net Assets
$-2,008,526
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,957,691
Other Expenses$1,767,284
Grants and Similar Amounts Paid$450,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,659,446$138,366-$1,797,812
Fees for Services Other$1,300,660--$1,300,660
Grants to Domestic Orgs$450,000--$450,000
Current Officers, Directors, Trustees, and Key Employees$39,970$119,909-$159,879
Occupancy-$158,680-$158,680
Travel$75,776--$75,776
Office Expenses$22,110$10,395-$32,505
Depreciation Depletion$27,388--$27,388
Fees for Services Legal$24,797--$24,797
Other Expenses$23,540$78,232-$23,540
Insurance-$17,944-$17,944
Fees for Services Accounting-$17,925-$17,925
Conferences and Meetings-$9,097-$9,097
Information Technology$740--$740
Total Functional Expenses$3,624,427$550,548$0$4,174,975
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
E-stem Charter SchoolLittle Rock, AR-Development$140,000
Lisa Academy - LrLittle Rock, AR-Development$70,000
West Fork School DistrictWest Fork, AR--$60,000
Kirby School DistrictKirby, AR-Development$30,000
Lake Hamilton School DistrictPearcy, AR-Development$30,000
Pangburn School DistrictPangburn, AR-Development$30,000
Stuttgart School DistrictStuttgart, AR--$30,000
White County Centra School DistrictJudsonia, AR--$30,000
Wynne School DistrictWynne, AR--$30,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
Yes
Lobbying activity
Yes
Subject to proxy tax
No

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$22,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Copies of the form 990 are provided to members of the governing body annually.

Form 990, Page 6, Part VI, Line 12C

The board members and staff are provided copies of the conflict of interest statements and directed to disclose any conflicts.

Form 990, Page 6, Part VI, Line 15A

The board has appointed a finance subcommittee which annualy reviews salaries of management and staff. All salaries are paid by related organization.

Form 990, Page 6, Part VI, Line 15B

The board has appointed a finance subcommittee which annualy reviews salaries of management and staff. All salaries are paid by related organization.

Form 990, Page 6, Part VI, Line 19

Documents are available upon request

Filing and Contact Details

Filer

Filer Name
Arkansas Public School Resource
EIN
26-2904183
Phone
5014924300
Address
1401 W CAPITOL SUITE 315, LITTLE ROCK, AR 72201
Doing Business As
Arkansas Public School Resource Cen

Signing Officer

Name
Daniel S Smith
Title
Ed
Phone
5014924300
Signed
2018-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel S Smith
Formed
2008
Legal Domicile
Ar
Voting Board Members
11
Independent Board Members
11
Employees
0

Preparer

Firm
HAWKINS & GARRETT CPA'S PLLC
Address
815 PARKWAY, CONWAY, AR 72034
Preparer
Brittani Garrett CPA
Phone
5013296527
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide assistance and professional development services to children, parents, faculty and staff of open enrollment public charter and rural schools. To enhance learning, improve education and fiscal practices within school systems.

Form 990, Page 2, Part III, Line 4D

SEE SCHEDULE O.

Form 990, Part IX, Line 11G

Other purchased services 831,391 0 0 contracts - people 421,951 0 0 cfam expenses 47,318 0 0 total 1,300,660 0 0

Raw XML AppendixShowing 400 of 587 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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AveragingAttachment/ExplanationTxt0APSRC RECEIVED (H) STATUS AS A 501(C)3 CORPORATION. THE LOBBYING ACTIVITIES OF APSRC CONSIST SOLELY OF PROVIDING INFORMATIN AND/OR TECHNICAL ASSISTANCE OR RESEARCH ASSISTANCE ON VARIOUS POLICIES, RULES, AND REGULATIONS. THE ORGANIZATION DID NOT FILE FORM 5768 UNTIL JANUARY 2017, THEREFORE, NO SUCH EXPENDITURES EXISTED PRIOR TO 2016.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt13ED
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR OF
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR OF
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR OF
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IRS990/MembersOrStockholdersInd0false
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IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0TO PROVIDE ASSISTANCE AND PROFESSIONAL DEVELOPMENT SERVICES TO CHILDREN, PARENTS, FACULTY AND STAFF OF OPEN ENROLLMENT PUBLIC CHARTER AND RURAL SCHOOLS. TO ENHANCE LEARNING, IMPROVE EDUCATION AND FISCAL PRACTICES WITHIN SCHOOL SYSTEMS.
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IRS990/OperateHospitalInd0false
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IRS990/OtherExpensesGrp/Desc1SUPPLIES & POSTAGE
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IRS990/OtherExpensesGrp/TotalAmt123540
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IRS990/OtherRevenueMiscGrp/Desc1RETURN OF UNUSED GRANT FUNDS
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IRS990/PoliticalCampaignActyInd0true
IRS990/PrincipalOfficerNm0DANIEL S SMITH
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1551834
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2130493
IRS990/ProgSrvcAccomActy2Grp/Desc0INNOVATION/ERESOURCES: TO ESTABLISH A GRANTS PROCESS TO SUPPORT THE ERESOURCE PORTAL AND IDENTIFY SCHOOLS OF INNOVATION AND DISTRIBUTE GRANT FUNDS TO THE IDENTIFIED GRANT RECIPIENTS. A GRANT PROCESS FOR EACH OF THE AREAS WAS DEVELOPED WITH SPECIFIC CRITERIA IDENTIFIED, PROPOSALS WERE RECEIVED, EVALUATED AND RANKED, AND GRANT FUNDS WERE DISTRIBUTED TO THE FOLLOWING ELEVEN (11) SCHOOLS: STAR CITY, CLARENDON, WALDRON, HORATIO, DECATUR, AUGUSTA, LINCOLN, STUTTGART, MALVERN, COSSATOT AND LAKESIDE. EACH TEAM SUBMITTED DOCUMENTATION OF THEIR INNOVATIVE PRACTICES PARTICIPANTS AT THE APSRC FALL CONFERENCE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0374690
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0240000
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0141687
IRS990/ProgSrvcAccomActy3Grp/Desc0LEARNING BLADE: TO ASSIST IN INCREASING STUDENT INTEREST AND ACHIEVEMENT, THE STATE OF ARKANSAS IN COLLABORATION WITH ARKANSAS PUBLIC SCHOOL RESOURCE CENTER (APSRC) BEGAN IN 2016 A STATEWIDE INITIATIVE CALLED LEARNING BLADE TO INCREASE ACCESS FOR COMPUTER SCIENCE AND SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEM) CAREERS IN EVERY MIDDLE SCHOOL. DURING THE 2016-17 SCHOOL YEAR, APSRC AND LEARNING BLADE REGISTERED 549 SCHOOLS WITH THE PROGRAM AND 29,514 ARKANSAS STUDENTS UTILIZING THE PROGRAMS. NUMBERS ARE EXPECTED TO INCREASE DURING THE SECOND YEAR OF THE PROGRAM.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0359250
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0400000
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SEE SCHEDULE O.
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IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt0210000
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IRS990/PYSalariesCompEmpBnftPaidAmt0265765
IRS990/PYTotalExpensesAmt04263398
IRS990/PYTotalRevenueAmt02907552
IRS990/ReconcilationRevenueExpnssAmt0-2008526
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
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IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03857675
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0813250
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01287268
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IRS990ScheduleA/TotalSupportAmt012752701
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleC/PoliticalExpendituresAmt022000
IRS990ScheduleC/TotalDirectLobbyingGrp/FilingOrganizationsTotalAmt06600
IRS990ScheduleC/TotalExemptPurposeExpendGrp/FilingOrganizationsTotalAmt04174975
IRS990ScheduleC/TotalGrassrootsLobbyingGrp/FilingOrganizationsTotalAmt015400
IRS990ScheduleC/TotalLobbyingExpendGrp/FilingOrganizationsTotalAmt022000
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IRS990ScheduleI/RecipientTable/CashGrantAmt230000
IRS990ScheduleI/RecipientTable/CashGrantAmt370000
IRS990ScheduleI/RecipientTable/CashGrantAmt430000
IRS990ScheduleI/RecipientTable/CashGrantAmt530000
IRS990ScheduleI/RecipientTable/CashGrantAmt630000
IRS990ScheduleI/RecipientTable/CashGrantAmt730000
IRS990ScheduleI/RecipientTable/CashGrantAmt860000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0DEVELOPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1DEVELOPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2DEVELOPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3DEVELOPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4DEVELOPMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0E-STEM CHARTER SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1KIRBY SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2LAKE HAMILTON SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3LISA ACADEMY - LR
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4PANGBURN SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5WHITE COUNTY CENTRA SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6WYNNE SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7STUTTGART SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8WEST FORK SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/RecipientEIN0260738981
IRS990ScheduleI/RecipientTable/RecipientEIN1716038562
IRS990ScheduleI/RecipientTable/RecipientEIN2710475990
IRS990ScheduleI/RecipientTable/RecipientEIN3061665076
IRS990ScheduleI/RecipientTable/RecipientEIN4716020685
IRS990ScheduleI/RecipientTable/RecipientEIN5716023252

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.0$5.01$7.97$19.4$17.8$1.60
2023Detailed filing. Detailed filing data is available for this year.$12.0$5.71$6.31$18.6$16.9$1.61
2022Detailed filing. Detailed filing data is available for this year.$8.02$3.35$4.67$17.5$15.6$1.87
2021Detailed filing. Detailed filing data is available for this year.$6.34$0.01$6.33$12.8$11.9$0.89
2020Detailed filing. Detailed filing data is available for this year.$5.45$0.01$5.44$7.31$5.82$1.49
2019Detailed filing. Detailed filing data is available for this year.$3.97$0.01$3.95$4.91$4.58$0.32
2018Detailed filing. Detailed filing data is available for this year.$3.63$0.00$3.63$4.13$4.05$0.08
2017Detailed filing. Detailed filing data is available for this year.$3.55$0.00$3.55$2.17$4.17$2.01
2016Detailed filing. Detailed filing data is available for this year.$5.56$0.00$5.56$2.91$4.26$1.36
2015Detailed filing. Detailed filing data is available for this year.$6.91$0.00$6.91$6.36$3.86$2.50
2014Detailed filing. Detailed filing data is available for this year.$4.42$0.00$4.42$3.41$3.44$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.44$0.00$4.44$2.70
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$0.00$1.99$2.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.00$0.76$1.41